SOURCE: SecureCARE Technologies

July 12, 2005 09:00 ET

SecureCARE Technologies Signs Agreement With Aurora VNA to Expand Services Throughout Wisconsin

AUSTIN, TX -- (MARKET WIRE) -- July 12, 2005 -- SecureCARE Technologies, Inc. (OTC BB: SCUI), a leading provider of HIPAA-ready, Internet-based document exchange and e-signature solutions for the healthcare industry, announced that it has signed an agreement with Aurora Visiting Nurse Association of Wisconsin, which is part of Aurora Health Care, one of the largest integrated healthcare delivery networks in Wisconsin and the U.S. This Agreement will result in additional recurring monthly revenue for SecureCARE while strengthening their position in the marketplace.

Dennis J. Nasto, senior vice president of sales & marketing for SecureCARE Technologies, said: "The Aurora VNA agreement demonstrates that our IT solutions platform integrates seamlessly with the online systems of our major strategic partners: including software vendor Cerner BeyondNow; Aurora VNA, which is a member of the Visiting Nurse Associations of America; and Aurora Medical Group, which is a member of the American Medical Group Association. This development is in direct accordance with the legislative mandate to bring IT solutions to the healthcare industry, and puts SecureCARE Technologies in front of the pack."

When its solution, SecureCARE.net, is fully implemented in all five regions of Aurora VNA's entire market area, the VNA stands to save as much as $820,000 annually. Aurora VNA expects to break even with as little as 5% of referring physicians using SecureCARE.net. Aurora VNA decided to expand the rollout after a successful pilot program among the referring physicians at Aurora Medical Group in Lake Geneva.

Pat Lynch, information systems manager for Aurora VNA, described several reasons for the expansion: "The interoperability of SecureCARE.net with the management system that Aurora uses for electronic billing and scheduling -- Cerner BeyondNOW's HomeWorks® -- will provide Aurora with an almost entirely paperless environment for home health, hospice and DME document exchange. This integration is a major time saver for our internal staff. We also saw a strong demand among physicians at Aurora Medical Group, our major referral source. Finally, a cost analysis showed we could cut our costs dramatically -- by as much as $820,000 annually -- upon full physician adoption. With SecureCARE.net, the cost, including labor, is reduced by 83% per document processed."

SecureCARE.net addresses a massive paper problem in the healthcare industry -- a $2.5 billion addressable market for SecureCARE's solution. The electronic document exchange and e-signature solution functions similarly to email and lowers the cost of doing business by taking many steps out of the document handling process -- leading to a much faster document turnaround time, which translates into improved cash flow. It also automatically tracks billable activities for services that have already been delivered, but which are difficult for physicians to track and bill using a manual, paper process.

About Aurora Visiting Nurse Association of Wisconsin

Aurora Visiting Nurse Association of Wisconsin, a not-for-profit organization, is the state's largest and oldest homecare provider. It is part of Aurora Health Care, the largest integrated health system in Wisconsin, which includes 620 employed physicians who practice in 80 communities throughout eastern Wisconsin. Aurora Health Care is a national leader in its efforts to improve the quality of care.

In total, Aurora VNA employs more than 900 people including about 200 registered nurses. The organization serves 11,000+ homecare and hospice patients and makes about 264,900 home care visits annually. More information can be found at www.aurorahealthcare.org.

About SecureCARE Technologies, Inc.

SecureCARE Technologies, Inc. is a leading provider of Internet-based document exchange and e-signature solutions for the healthcare industry. Built with state-of-the art development tools from the Microsoft dotNET development solutions, SecureCARE.net is tailored to the needs of physicians, clinics and home healthcare, hospice and durable medical equipment providers. This end-to-end solution offers a revolutionary approach to accessing information and managing time-consuming forms and authorizations. SecureCARE's easy-to-use technology eliminates paper, while enhancing the ability of physicians to capture fees for otherwise unbilled time and services, uniquely and directly impacting the physician's revenue. SecureCARE.net is a highly secure, HIPAA-ready tracking and reporting tool that streamlines operations while providing physicians with additional revenue opportunities. More information can be found at www.securecaretech.com.

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated" and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to SecureCARE or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

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